Tag Archives: china

Why would a quiet, New Jersey based construction company with a majority of its work load in the U.S. want to partner with a company all the way in the former Soviet Black Sea nation of Georgia? Not taking anything away from Georgia, but the reason is simple: China. Just as every other …

China and Georgia on Wednesday signed a preliminary free trade agreement that is expected to take effect from the end of 2017. The deal is expected to see Chinese firms building ports and railways in Georgia, and will boost Georgian wine exports to the world’s No.2 economy, according to a …

Under the free trade agreement with China, Georgia will be able to export 94% of products without customs duties, including wines, mineral waters, fruits, juices, cables, plastic products, nitric fertilizers and so on, Minister of Economy Dimitri Kumsishvili noted. After the agreement comes into force, ships under Georgian banner will …

Free Trade Agreement negotiations with China have been successfully finalized in a record-breaking 7 months, – relevant Memorandum between the Ministry of Economy and Sustainable Development of Georgia and the Ministry of Commerce of the People’s Republic China was signed at the Administration of the Government today. The first Vice …

Fitch’s assessment is relevant, – Levan Sulaberidze, head of “Trans Caucasus Terminal”, subsidiary company of “Georgian Railway”, responds so placement of Georgian Railways JSC’s of ‘BB-‘ on Rating Watch Negative. Sulaberidze noted with TV-company Maestro, that reduction of cargo turnover is caused by ongoing processes in the region through 2 …

To avert compromised outcome, countries owning tobacco entities may be barred from participating in the 2016 anti-tobacco conference scheduled to hold in New Delhi, India. In a document, organizers called for support for the conference to “ensure the exclusion of representatives and officials from fully or partially state-owned tobacco industries, …

Much has been written about the Belt and Road initiative since Xi Jinping made it Beijing’s flagship initiative in September 2013. There are many interpretations of the initiative’s ultimate objectives, but one objective is clear. The belt and road scheme will bring huge improvements in regional and international connectivity through …

Georgia will export more than 95% of its goods and services to the world’s biggest market without additional taxes. Georgia and China have completed negotiations on free trade regime. More than 95% of Georgian goods and services will enter the Chinese market without additional taxes. Since China represents Georgia’s 4th …

After enactment of free trade regime between, Georgia expects wines exports to China to significantly increase. Georgian wine sales will increase 5-6 times thanks to free trade regime, Minister of Economy of Georgia Dimitri Kumsishvili noted. “In 2015 we sold more than 8 million USD wines. This year in January-August …

Political tension with Europe and the increasing role of liquefied natural gas (LNG) has the world’s biggest supplier looking to increase exports to the Asia-Pacific region, according to Russia’s Federal Subsoil Resources Management Agency. “The crisis in relations between Russia and the West has already led to a reduction in …